StreetInsider.com News Articles

Churchill Downs (CHDN) Reiterated at Market Outperform by Citizens

Thu, 16 Jul 2026 04:38:41 -0400

Citizens analyst Jordan Bender reiterated a Market Outperform rating and $149.00 price target on Churchill Downs (NASDAQ: CHDN).

The analyst commented, "Despite improving operating trends, regional gaming stocks continue to trade below historical valuation averages. We believe the market remains overly focused on macro risks, while underappreciating company-specific catalysts, capital allocation opportunities, accelerating free cash flow generation, and an overall lack of new gaming supply over the coming years. As a result, we continue to see an attractive risk/reward profile across our top picks. CHDN (8.3x 2027E EBITDA vs. LT avg. of 10.8x). Catalysts include electronic table games, expansion of Derby

Churchill Downs (CHDN) PT Lowered to $120 at Wells Fargo

Tue, 14 Jul 2026 06:25:23 -0400

Wells Fargo analyst Trey Bowers lowered the price target on Churchill Downs (NASDAQ: CHDN) to $120.00 (from $132.00) while maintaining a Overweight rating.

Form 4 Churchill Downs Inc For: Jun 30 Filed by: GRISSOM DOUGLAS C

Thu, 02 Jul 2026 16:07:00 -0400

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Form 4 Churchill Downs Inc For: Jun 30 Filed by: GRISSOM DOUGLAS C

Thu, 02 Jul 2026 16:07:00 -0400

si-local-file:///var/storage/secattach/20260702/26727661.html

Maryland to acquire Preakness Stakes IP rights, blocking Churchill Downs deal

Thu, 18 Jun 2026 16:59:38 -0400

Maryland has notified Churchill Downs Incorporated (NASDAQ: CHDN) of its intention to exercise a state right to acquire the intellectual property rights to the Preakness Stakes and Black-Eyed Susan Stakes, effectively blocking Churchill Downs' previously announced agreement to purchase those rights.

Under Maryland Code Ann. Bus. Reg. §11-520(d), the state is matching Churchill Downs' agreed purchase price of $85 million to acquire the trademarks and associated rights from 1/ST Maryland LLC, an affiliate of 1/ST Racing.

Churchill Downs CEO Bill Carstanjen said in a statement, "We understand why the state of Maryland would decide to acquire the Preakness IP rights as a

Maryland to acquire Preakness Stakes IP rights, blocking Churchill Downs deal

Thu, 18 Jun 2026 16:59:38 -0400

Churchill Downs CEO Bill Carstanjen said in a statement, "We understand why the state of Maryland would decide to acquire the Preakness IP rights as a

Maryland to acquire Preakness Stakes IP rights, blocking Churchill Downs deal

Thu, 18 Jun 2026 16:59:38 -0400

Churchill Downs CEO Bill Carstanjen said in a statement, "We understand why the state of Maryland would decide to acquire the Preakness IP rights as a

Maryland to acquire Preakness Stakes IP rights, blocking Churchill Downs deal

Thu, 18 Jun 2026 16:59:38 -0400

Churchill Downs CEO Bill Carstanjen said in a statement, "We understand why the state of Maryland would decide to acquire the Preakness IP rights as a

Churchill Downs Incorporated Announces State of Maryland’s Decision to Acquire the Preakness IP Rights